Not only the autumn intensification of the pandemic, but also problems with the supply of chips caused a significant weakening of the koruna a few weeks ago. But now she is shining for better times. In addition, it could receive another positive impulse from the CNB on Wednesday. The central bank is expected to tighten … Read more
NEW YORK (awp international) – The Dow Jones Industrial came under pressure again on Friday. While the US benchmark index had risen significantly in the middle of the week, skepticism has prevailed again recently. The Dow fell 0.90 percent to 35,573.85 points. On a weekly basis, this indicates a decrease of around 1 percent. The … Read more
Frankfurt / Berlin (dpa) – The separate collective bargaining for the public and private banks is going into the next round. The second date of negotiations for the 60,000 employees of state and development banks and several savings banks is set for this week. On Friday (September 24th) the trade unions Verdi and the German … Read more
Jackson Hole – the small town in the Rocky Mountains is actually the scene of the most important central bank conference in the world every year. But for the second time after 2020, the US central bank, the Federal Reserve (Fed), is not inviting you to a face-to-face meeting, and due to the pandemic, central … Read more
The results of this year’s stress tests will be published on Thursday after the stock market closes in New York. Those who exist may distribute capital to the shareholders without restrictions. Analysts don’t expect any big surprises. Barclays analyst Jason Goldberg believes that many US banks will be overcapitalized and, after passing the stress tests, … Read more
– Jerome Powell The US Federal Reserve chief said that interest rates would not be raised preventively for fear of inflation. – (Photo: AP) – – – – New York According to Fed Chairman Jerome Powell, the central bank will remain patient despite the soaring inflation in the US. Like the data on the labor … Read more
Von Megumi Fujikawa TOKYO (Dow Jones) – The Bank of Japan (BoJ) is sticking to its loose Monetary policy and launches a new credit facility for banks to fund projects related to climate change. Climate change will have an “extremely large impact” on the economy, prices and financial conditions in the long term, the central … Read more
Photo: Bloomberg – The jump of consumer prices in the United States 4.2% year-on-year in April was a shock. But was there a good reason to panic? Obviously not, as special factors may explain it. It has always been this way: when inflation starts to rise, special factors on duty can explain it. But in … Read more
New York (AP) – The company “The Honest Company”, co-founded by Hollywood star Jessica Alba (40), celebrated a successful premiere on the Nasdaq tech stock exchange. display — The price of the shares, which were first traded on Wednesday under the ticker “HNST”, was $ 21.22, well above the issue price of $ 16. The … Read more
Within a year, the deposits of private households with banks and savings banks rose by more than € 180 billion to a total of € 1,730,000,000, or € 1.73 trillion. Never before has the savings rate of around 17% been as high as in the long period of the Corona crisis. The citizens of our … Read more